Tom Lee Says “Face-Ripping” S&P 500 Rally Is Coming, Just Running Behind Schedule
Fundstrat Global Advisors head of research Tom Lee remains convinced that a powerful stock market rebound is on the horizon, despite a string of recent losses. The S&P 500 has recorded four consecutive losing sessions and currently sits about 2.7% below its most recent all-time high, rattling investor confidence heading into the fall. Lee has…
Bank Of England Expected To Hold Rates As UK Inflation Climbs Above 3%
The Bank of England is widely expected to leave its 3.75% Bank Rate unchanged on Thursday, even as inflation climbs well beyond its 2% target. Markets are pricing in more than an 80% chance that the central bank holds steady at Thursday’s meeting, according to LSEG data, signaling a notable split from global peers. A…
Rebel Democrats Defy Jeffries Again By Helping House Republicans Advance Floor Agenda
House Democrats Jared Golden of Maine and Marie Gluesenkamp Perez of Washington crossed party lines again to help House Republicans pass a key procedural vote. The pair voted with Republicans to advance a rule that allows a package of proposals, including a Russian sanctions bill, to come to the floor for final votes. This marks…
Kamala Harris To Join Abdul El-Sayed On Michigan Campaign Trail For Senate Push
Harris is set to campaign alongside Democratic Senate nominee Abdul El-Sayed in Michigan next week, marking their first public appearance together since she endorsed him. The two will attend a roundtable focused on Black maternal health on Tuesday, according to El-Sayed’s campaign spokesperson. Harris and El-Sayed have spoken multiple times since she endorsed the progressive…
Rogers Skips Michigan Senate Debate, Calls It A ‘2-On-1’ Setup Against Him
Republican Mike Rogers is pushing back hard against criticism that he ducked a televised event with Democratic Senate rival Abdul El-Sayed in Michigan. Rogers appeared on CBS News Detroit and flatly denied any prior commitment to the Fox 2 Detroit town hall event held on September 15. “Well, first of all, it’s not a debate….
AST SpaceMobile (ASTS) Climbs Overnight As Retail Backs Long Game Despite BlueBird Delays And Executive Share Sales
Shares of AST SpaceMobile (ASTS) rose more than 1% overnight Wednesday, closing at $59.27, even as investors searched for clarity on the next BlueBird satellite launch. Despite the overnight gain, ASTS remains down roughly 1% for the week, reflecting lingering uncertainty around the company’s satellite deployment schedule. Retail investors on Stocktwits largely held firm in…
D-Wave Quantum (QBTS) Brings Qubits Asia 2026 Conference To Seoul To Showcase Real-World Quantum Applications
D-Wave Quantum Inc. (NASDAQ: QBTS) has announced it will host Qubits Asia 2026: Quantum Realized, a full-day quantum computing user conference on October 28, 2026, in Seoul. The company describes itself as the only dual-platform quantum computing provider offering both annealing and gate-model systems, software, and services to enterprise customers. The event will spotlight production…
Defense Contractors Post Strong Q2 Results As RTX (NYSE:RTX) Beats Estimates By Nearly 8%
The second quarter earnings season for defense contractors has wrapped up, revealing a broadly strong performance across the sector with a few notable exceptions. RTX (NYSE:RTX), the aerospace and defense giant formerly focused on refrigeration technology, posted revenues of $24.71 billion, up 14.5% year on year, beating analyst expectations by 7.8%. The company also delivered…
Homeowners With Paid-Off Rental Properties Weigh The Risks Of Tapping Equity Through A HELOC
For property owners sitting on significant home equity, a home equity line of credit can seem like an attractive way to access needed cash. A HELOC allows homeowners to borrow against the equity in a property, typically up to a set credit limit, repaying only what they use. When a rental property is fully paid…
Diesel Hits $6.31 Per Gallon All-Time High As Transport Giants (JBHT) Sound Economy Alarm
Diesel fuel prices have surged to record highs, rattling transportation companies that form the backbone of the American economy. Prices for diesel, used to power trucks and trains, reached an all-time high of approximately $6.31 per gallon on Wednesday, according to AAA data. The spike represents a more than 70% increase from a year ago,…
